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Dec 11, 2012
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by 2030, china will be the largest economy. they base it on the size of the economy, population, military spending, and investment in technology. >>> our fourth story, selling a fix. with just 2 d2 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk between the president and house speaker. apparently, these are behind closed doors because they're talking over or at or something not good at each other. here is president obama in detroit on his plan to raise taxes on families making more than $250,000 a year. >> that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks. >> is the tough talk road show working for the president tonight? ben is a former press secretary for the obama campaign. he had a vacation that's why he looks healthy now. and republican strategist terry holt. good to see both of you. terry, i want to start with you. the most recent poll we have says by a margin o
by 2030, china will be the largest economy. they base it on the size of the economy, population, military spending, and investment in technology. >>> our fourth story, selling a fix. with just 2 d2 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk between the president and house speaker. apparently, these are behind closed doors because they're talking over or at or something not good at each other. here is president obama in detroit on his...
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Dec 11, 2012
12/12
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and china is ready to overtake the u.s. sooner than you think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that things are starting to get better. look, we're adding jobs every month, consumer debt continues to shrink. stock markets are up. longer term, though. america will reap the rewards of its domestic energy boom and more oil and gas gets extracted. the drop in the price of natural gas is already helping utilities and factories compete. that's creating more american jobs. and there is more. housing will be the golden lining to the economic cloud that is hanging over this country. mortgage rates are at historic low and should stay that way for the next two years
and china is ready to overtake the u.s. sooner than you think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that...
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Dec 11, 2012
12/12
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you can see the history of china reflected in much of the work. you can see conflicts with western culture and eastern culture. you can see critiques sometimes of the chinese government or of other governments as well. power in general. >> brown: often you can see a provocation. as in one of his most famous works dropping a haung dynasty un, three photographs showing the destruction of a 2,000 cultural relic. >> one of the things i think cease saying is sometimes it's necessary to destroy the old before you can move forward with the new. and also by destroying something know is important, it suddenly makes you have to think about the value of things. what are they worth? who says they're valuable? >> brown: he returned to china in 1993 and became part of the country's cultural elite eventually tapped by the government to collaborate with a swiss architectural firm to design the 2008 olympic stadium. photos are on the floors and walls of the exhibition but he grew critical of the communist party's attempt to control the event. his biggest confronta
you can see the history of china reflected in much of the work. you can see conflicts with western culture and eastern culture. you can see critiques sometimes of the chinese government or of other governments as well. power in general. >> brown: often you can see a provocation. as in one of his most famous works dropping a haung dynasty un, three photographs showing the destruction of a 2,000 cultural relic. >> one of the things i think cease saying is sometimes it's necessary to...
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Dec 11, 2012
12/12
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FOXNEWSW
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china buying up u.s. companies on the cheap and we are paying interest on money we are borrowing from the communist company in the first place. a battery system is closed unless regalators stepped in. is it 123. >> it is a-123. >> gretchen: it went bankrupt. >> the judge holds an auction and a chinese company wins the auction and $256 million for a 123. china has the money. that's the bottom line. we have spent all of ours and china is buying up american assets like the battery company. the problem is, taxpayers have subicized a 123 and pumped in a grant and gave it to this outfit that is now bankrupt and china is picking up the pieces dirt cheap. the ball is in president obama's court. there is a committee that decides whether or not a foreign company can buy an american company. on what grounds do they wish to buy. is it in our national interest to sell to a chinese company. time geithner heads that committee and he will decide are we going to sell this dirt cheap to china or not. >> gretchen: oh, by th
china buying up u.s. companies on the cheap and we are paying interest on money we are borrowing from the communist company in the first place. a battery system is closed unless regalators stepped in. is it 123. >> it is a-123. >> gretchen: it went bankrupt. >> the judge holds an auction and a chinese company wins the auction and $256 million for a 123. china has the money. that's the bottom line. we have spent all of ours and china is buying up american assets like the...
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Dec 11, 2012
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of apparel is exported each year from bangladesh, the world's second largest apparel exporter after china. it's growing very fast largely because it has the lowest minimum wage of any country that's really exporting apparel to any sizable degree. $37 a month is the minimum wage there. >> sreenivasan: you also pointed to over the weekend a more devastating fire in pakistan. it's kind of started to lead to this maze of contractors and subcontractors. that seems to be standard operating business where an american company could be well intentioned but ultimately they don't know who is actually producing what's on the ground. >> i've written several articles on these fires with my colleagues. we found that time after time the retailers, the subcontractors, they're all asserting we didn't know about it. we didn't know that subcontractors of the subcontractors we're using at these plants. they say you can't blame us. i think many people call that plausible deniability. a lot of labor rights groups are saying retailers, subcontractors, you have to step up to the plate. you have to make sure that
of apparel is exported each year from bangladesh, the world's second largest apparel exporter after china. it's growing very fast largely because it has the lowest minimum wage of any country that's really exporting apparel to any sizable degree. $37 a month is the minimum wage there. >> sreenivasan: you also pointed to over the weekend a more devastating fire in pakistan. it's kind of started to lead to this maze of contractors and subcontractors. that seems to be standard operating...
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Dec 11, 2012
12/12
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CSPAN2
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china sees it. we have to see it. china is insinuating itself into the economy of mayor -- major african nations. they are offering loans, their contracts, their engineers and their investments in africa. we are not. we're going to rue the day. africa is a great opportunity for us, and this bill addresses it. i sincerely hope that my colleagues in the senate will take a look at the statement which i'm placing in the record and consider supporting this greater exports to africa trade bill. this is something we can do to increase jobs in america, increase trade with africa and really build those countries which share our values. the difference between the united states, china and other countries, we come to the marketplace with values. we have to make certain those values are protected. we can only do it if we are honest traders and actively engaged in expanding the market for our goods and services. mr. president, i ask unanimous consent that this statement in its entirety be entered in the record and i yield the floor
china sees it. we have to see it. china is insinuating itself into the economy of mayor -- major african nations. they are offering loans, their contracts, their engineers and their investments in africa. we are not. we're going to rue the day. africa is a great opportunity for us, and this bill addresses it. i sincerely hope that my colleagues in the senate will take a look at the statement which i'm placing in the record and consider supporting this greater exports to africa trade bill. this...
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Dec 11, 2012
12/12
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FBC
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the trade gap with china did hit an all-time high. will fred industries is the latest offering special one-time payments. the company is boosting its quarterly dividend 20% to 16 and a half% a share payable on december 28. the website planning to streamline its operation and focus its resources on engagement innovation and customer satisfaction. that is the latest from the fox business network. giving you the power to prosper. ♪ with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making news. trade commission free for 60 days, plus get up to $600 when you open an account. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pa
the trade gap with china did hit an all-time high. will fred industries is the latest offering special one-time payments. the company is boosting its quarterly dividend 20% to 16 and a half% a share payable on december 28. the website planning to streamline its operation and focus its resources on engagement innovation and customer satisfaction. that is the latest from the fox business network. giving you the power to prosper. ♪ with thinkorswim by td ameritrade. use the news links breaking...
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Dec 11, 2012
12/12
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>> it broke a lot of china. people didn't like it. his point was why are we listening to the same set of consultants when we're losing? this racketeering, the problem is the five people who are on this, you know, commission, if you will, or this autopsy if you will -- >> growth and opportunities. >> are all part of the same racket and they will cover for the newt gingrichs of the world and the dick morrises of the world and the car roves of the wor world. >> and learn nothing? >> i think they will come back they have to do a better job communicating their message. >> but i wonder if it also depends on -- okay, so they put out their report and it's a big cya. i wonder how bobby jindal responds to that, who has been very forceful since election day about the problems of the party. what does chris christie say about what's in that report? it's one thing to have this autopsy body doing this report. it's another thing, again, to rank and file, the governors who are out there who have to pick up the broken pieces of their party if they're g
>> it broke a lot of china. people didn't like it. his point was why are we listening to the same set of consultants when we're losing? this racketeering, the problem is the five people who are on this, you know, commission, if you will, or this autopsy if you will -- >> growth and opportunities. >> are all part of the same racket and they will cover for the newt gingrichs of the world and the dick morrises of the world and the car roves of the wor world. >> and learn...
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Dec 11, 2012
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the company would prefer to go to china and a somebody $2 a day or whatever. these right-to-work states are full of temporary jobs agencies with contracts. the stamp services -- these temporary services are making money and paying people a fraction. we need to let politicians go to a temporary service and give them half of what they are making and make them see how we feel. people working for small amounts of money at temp services. ynette.ow to panetta, conwalive caller: they call it a right-to- work states, but i guess the language got changed, because it used to be a free will state. the employers without unions had the right to fire you for anything, any reason or no reason at all, and you had no recourse. so i still believe in unions and i still believe the people should have a right to join or not. host: this tweet -- are you with us? caller: i am. host: higher wages of less jobs in the state's. caller: yes, but most of the jobs in this area, in the myrtle beach area, those are minimum- wage jobs, where i live. if we are talking about the unions giving t
the company would prefer to go to china and a somebody $2 a day or whatever. these right-to-work states are full of temporary jobs agencies with contracts. the stamp services -- these temporary services are making money and paying people a fraction. we need to let politicians go to a temporary service and give them half of what they are making and make them see how we feel. people working for small amounts of money at temp services. ynette.ow to panetta, conwalive caller: they call it a...
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Dec 11, 2012
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developed enough revenue because of our import taxes are so much smaller than those of countries like china. and in turn today -- 8 report was done on comparative tax, and they support 20% of their federal government through import taxes. why is it that we feel we cannot compete with a country that is taxing us heavily on our imports, yet when they export to our country we have just 1.9% next that is ridiculous. it is not a level playing field -- 1.9%? that is ridiculous. that is not a level playing field. an in tern in indiana did this research. guest: there is the risk of a trade war, a violation of the world trade organization pact. a lot of the big box stores rely on inexpensive imports. so it would be a trade-off. it would have an impact on the prices. host: winchester, ohio. thomas is an independent. caller: thanks for taking my call. i watch c-span all the time. i'm curious why this continuation of the republican versus democrat bashing goes on when there is such an important issue that needs to be taken care of in this country. why is there not a federal sales tax to take care of so
developed enough revenue because of our import taxes are so much smaller than those of countries like china. and in turn today -- 8 report was done on comparative tax, and they support 20% of their federal government through import taxes. why is it that we feel we cannot compete with a country that is taxing us heavily on our imports, yet when they export to our country we have just 1.9% next that is ridiculous. it is not a level playing field -- 1.9%? that is ridiculous. that is not a level...
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Dec 11, 2012
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KGO
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by 2030, just 17 years from now, china will likely have passed the u.s. to become the world's largest economy. the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion. and demand for food will go up 35%, and demand for water, 40% more than current water supplies, making water a likely cause of regional conflict, particularly in south asia and the middle east. water and food. there's not going to be enough for us. >> what a bright future. >>> this morning, the streets of cairo promise to be packed today with protests for the egyptian capital. two separate million-man marches are planned as supporters and opponents of president mohamed
by 2030, just 17 years from now, china will likely have passed the u.s. to become the world's largest economy. the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are...
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Dec 11, 2012
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you going to borrow it from china? alisyn: i mean, you know, nancy pelosi's taken a lot of heat for that famous saying, you have to pass the bill to figure out what's in the bill. but now that seems haunting, because the fact that even senators now are saying, whoa, whoa, whoa, slow down, we want some of these things repealed. >> 17 democrats in the senate including senator-elect elizabeth warren from massachusetts. 17 democrats in the senate with three weeks to go before this tax is imposed suddenly realize this is going to cost a lot of money, it's going to hurt my voter, it's going to hurt the device industry. please delay it. all of a sudden. alisyn: maybe they should have read it. >> but it was very long. alisyn: it was long. [laughter] you've got that right. stu varney, thanks so much for parsing all of this. >>> meanwhile, a violent political power struggle on the streets of one major u.s. ally, but as both sides protest in egypt, there's also a push to legitimize some hard-line islamist groups. so in three minu
you going to borrow it from china? alisyn: i mean, you know, nancy pelosi's taken a lot of heat for that famous saying, you have to pass the bill to figure out what's in the bill. but now that seems haunting, because the fact that even senators now are saying, whoa, whoa, whoa, slow down, we want some of these things repealed. >> 17 democrats in the senate including senator-elect elizabeth warren from massachusetts. 17 democrats in the senate with three weeks to go before this tax is...